Open Finance Self-Assessment Tool and Development Roadmap
This technical guide introduces the open finance self-assessment tool and development roadmap. It provides practical tools for policymakers to use to decide whether to implement an open finance regime to advance financial inclusion.
EU and IFAD Launch New Initiative to Strengthen Financial Inclusion by Boosting Digital Remittances in Central Asia
This week IFAD launched the Platform for Remittances, Investment and Migrants’ Entrepreneurship (PRIME) Central Asia Initiative in Kazakhstan, the Kyrgyz Republic, Tajikistan, and Uzbekistan.
Fintech Promotes Financial Inclusion in Bahrain
Bahrain hosts much of the most innovative fintech activity, including wider access to financial services.
Ebdaa Bahrain Microfinance Teams up With MFSYS to Digitize Banking Services
The objective of the partnership is to fully digitize all banking services offered by the company, a significant move to enhance the overall digital experience for Ebdaa's customers.
Bahrain: Mastercard and BIBF Collaborate to Boost Financial Inclusion
Mastercard has joined forces with a renowned training and development organization Bahrain Institute of Banking and Finance to drive financial inclusion in the country and the wider region.
Uzbek Fintech Development Supported Through $20M Line of Finance Agreement
The Line of Finance aims to promote Islamic finance, improve financial inclusion, and support private sector development in Uzbekistan.
Symbiotics Launches $10 million Social Bond With Hamkorbank From Uzbekistan
The proceeds of this Social Bond are to be allocated towards both micro loans up to $10,000 to microenterprises and SME loans up to $1 million to small and medium enterprises.
IFC, DAVR-BANK Boost Lending to MSMEs and Women-Owned Businesses in Uzbekistan
IFC's $5 million investment will provide critical working capital to help them continue their operations and stay afloat during the ongoing public health crisis.